Wednesday, 1 July 2009

Internet Institution Case Study

1) Who owns the site?
Facebook is a privately owned company. It was founded by Mark Zuckerburg with fellow computer science major students and his roommates Dustin Moskovitz and Chris Hughes while he was a student at Harvard University.

2) Do they own any traditional media businesses?
No

3) What other internet sites do they own?
None

4) What is its revenue?
$300 million in 2008

5) What is its overall worth?
In 2008 it was worth between $3.75 billion and $5 billion.

6) Research five key facts about the institution?
In 2005 Facebook recorded a net loss of $3.63 million
Mark Zuckerburg is only 25 years old
Facebook has 700 employees
In 2008 Facebook set up their international headquarters in Dublin, Ireland.
Facebook was originally called Facemash

7) Find three quotes (with refrences) about the institution?
In August, Facebook agreed to let Microsoft Corp. sell graphical and text ads on the site - http://www.bloomberg.com/apps/news?pid=20601204&sid=aqwoCAVu._zA

8) Summarise two linked Wikipedia articles?
Sir i do not understand this question. Sorry.

9) List the key info provided on the companys corporate homepage?
On the homepage there is a login page where current users can log into. Also, there is a register section for new facebook users to sign up to for free before they can have a facebook account. Furthermore, there is links at the bottom which link to 'About them', 'Advertisers', 'Development', 'Careers'. There is also a link to which lanuage you want facebook to be in.

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